Hilb Rogal & Hobbs Company Sponsors Market Report for Seniors Housing Industry
08 Agosto 2008 - 9:00AM
Business Wire
Hilb Rogal & Hobbs Company (NYSE:HRH), one of the world's
largest insurance and risk management intermediaries, is pleased to
announce that it has partnered with the American Seniors Housing
Association (ASHA) to sponsor the 2008 Seniors Housing Liability
Insurance, Health Benefits and Workers Compensation Report. This
year marks the sixth year the two organizations have worked
together to publish this report. This report features a collection
and analysis of insurance-related data from operators across the
nation, and is intended to help seniors housing and long-term care
operators evaluate their own insurance programs. The survey
measured key areas, including workers compensation, general and
professional liability, and employee benefits costs and trends. In
addition, the report summarizes key risk management initiatives and
programs for the participating companies. The analysis results are
based on a nationwide sample of 230,000 senior housing units across
the United States, which is a 40 percent increase from the sample
size represented in the 2007 survey. As with past reports, this
report information was gathered from a corporate-level survey that
was sent to the providers in ASHA�s database. HRH followed up with
each respondent to ensure accuracy of the data, which was then
analyzed by HRH�s Seniors Housing and Long-Term Care Team. ASHA�s
President, David Schless, commented, �The American Seniors Housing
Association is very pleased to be able to continue our
insurance-related research efforts in collaboration with HRH. We
believe the results of this�annual study help�the seniors housing
industry to facilitate best practices in the areas of risk
management and employee benefits, and to better understand the
current insurance marketplace.� HRH�s Executive Vice President and
Managing Director, John Atkinson added, �Our partnership with ASHA
has allowed us to gain the trust of the organization�s members over
the years, which, in turn enables us to provide the most credible
reflection of Seniors Housing and Long-Term Care risk-related
issues in the industry. Not only are we continuing to provide
excellent benchmarking statistics, but this information arms us to
effectively negotiate with underwriters around the globe, to the
benefit of our clients and ASHA members.� You may obtain a copy of
the 2008 Seniors Housing Liability Insurance, Health Benefits and
Workers Compensation Report, through ASHA�s online bookstore at
http://www.seniorshousing.org/Bookstore. The report is $100 for
non-members and $60 for members. For specific questions with
regards to the report, please contact HRH Managing Director John
Atkinson at john.atkinson@hrh.com or 312-527-7010. About Hilb Rogal
& Hobbs Hilb Rogal & Hobbs Company (HRH) is the eighth
largest insurance and risk management intermediary in the United
States and the world, with over 140 offices around the globe. HRH
helps clients manage their risks in property and casualty, employee
benefits, professional liability and other areas of specialized
exposure. In addition, HRH offers a full range of personal and
corporate financial products and services. HRH is focused on
understanding our clients� businesses, employees and risks, as well
as the insurance and financial markets, so that we can develop
insurance, risk management and employee benefits solutions that
best fit their needs. The company�s common stock is traded on the
New York Stock Exchange, symbol HRH. More information about HRH may
be found at www.hrh.com.
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